Gross National Income — Value Standard Local Currency in Italy
Italy: Gross National Income — Value Standard Local Currency was 2.12 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Italy, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Italy is 2.12 million million SLC, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 30.8% over ten years.
Over the whole period, gross national income — value standard local currency in Italy peaked at 2.12 million million SLC in 2023 and was at its lowest, 37,003 million SLC, in 1970.
Italy ranks 78th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Italy, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 37,003 million SLC | — |
| 1971 | 40,387 million SLC | +9.1% |
| 1972 | 44,256 million SLC | +9.6% |
| 1973 | 53,319 million SLC | +20.5% |
| 1974 | 67,243 million SLC | +26.1% |
| 1975 | 77,136 million SLC | +14.7% |
| 1976 | 96,983 million SLC | +25.7% |
| 1977 | 117,980 million SLC | +21.7% |
| 1978 | 138,827 million SLC | +17.7% |
| 1979 | 170,277 million SLC | +22.7% |
| 1980 | 212,913 million SLC | +25.0% |
| 1981 | 253,125 million SLC | +18.9% |
| 1982 | 298,446 million SLC | +17.9% |
| 1983 | 347,995 million SLC | +16.6% |
| 1984 | 397,807 million SLC | +14.3% |
| 1985 | 445,893 million SLC | +12.1% |
| 1986 | 491,641 million SLC | +10.3% |
| 1987 | 538,937 million SLC | +9.6% |
| 1988 | 599,121 million SLC | +11.2% |
| 1989 | 656,333 million SLC | +9.5% |
| 1990 | 723,672 million SLC | +10.3% |
| 1991 | 788,902 million SLC | +9.0% |
| 1992 | 828,610 million SLC | +5.0% |
| 1993 | 855,250 million SLC | +3.2% |
| 1994 | 903,321 million SLC | +5.6% |
| 1995 | 978,528 million SLC | +8.3% |
| 1996 | 1.04 million million SLC | +6.0% |
| 1997 | 1.09 million million SLC | +5.1% |
| 1998 | 1.14 million million SLC | +4.1% |
| 1999 | 1.18 million million SLC | +3.5% |
| 2000 | 1.24 million million SLC | +5.5% |
| 2001 | 1.30 million million SLC | +5.2% |
| 2002 | 1.35 million million SLC | +3.4% |
| 2003 | 1.39 million million SLC | +3.2% |
| 2004 | 1.45 million million SLC | +4.5% |
| 2005 | 1.50 million million SLC | +3.2% |
| 2006 | 1.57 million million SLC | +4.3% |
| 2007 | 1.62 million million SLC | +3.6% |
| 2008 | 1.63 million million SLC | +0.3% |
| 2009 | 1.58 million million SLC | -2.8% |
| 2010 | 1.61 million million SLC | +2.0% |
| 2011 | 1.65 million million SLC | +2.4% |
| 2012 | 1.63 million million SLC | -1.3% |
| 2013 | 1.62 million million SLC | -0.8% |
| 2014 | 1.64 million million SLC | +1.1% |
| 2015 | 1.65 million million SLC | +1.0% |
| 2016 | 1.71 million million SLC | +3.5% |
| 2017 | 1.75 million million SLC | +2.6% |
| 2018 | 1.80 million million SLC | +2.5% |
| 2019 | 1.82 million million SLC | +1.2% |
| 2020 | 1.69 million million SLC | -7.0% |
| 2021 | 1.86 million million SLC | +10.2% |
| 2022 | 2.02 million million SLC | +8.2% |
| 2023 | 2.12 million million SLC | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 84,341 million SLC | 37,003 million SLC | 170,277 million SLC | 10 |
| 1980s | 424,221 million SLC | 212,913 million SLC | 656,333 million SLC | 10 |
| 1990s | 951,626 million SLC | 723,672 million SLC | 1.18 million million SLC | 10 |
| 2000s | 1.46 million million SLC | 1.24 million million SLC | 1.63 million million SLC | 10 |
| 2010s | 1.69 million million SLC | 1.61 million million SLC | 1.82 million million SLC | 10 |
| 2020s | 1.92 million million SLC | 1.69 million million SLC | 2.12 million million SLC | 4 |
Countries ranked near Italy
- 75 United Kingdom of Great Britain and Northern Ireland 2.70 million million SLC compare
- 76 Australia 2.58 million million SLC compare
- 77 Albania 2.28 million million SLC compare
- 79 United Arab Emirates 1.90 million million SLC compare
- 80 Israel 1.86 million million SLC compare
- 81 Malaysia 1.77 million million SLC compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 4,849 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.65 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2264 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 9,805 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.16 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.2004 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 8,677 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.7915 % change on previous year (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Italy?
- Gross national income — value standard local currency in Italy was 2.12 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Italy?
- The highest recorded value was 2.12 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Italy?
- The lowest recorded value was 37,003 million SLC in 1970.
- How does Italy rank for gross national income — value standard local currency?
- Italy ranks 78th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Italy?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).